Carpets and Rugs Market Report Overview:
The report comprehensively encompasses the analysis of insights concerning the Carpets and Rugs Market, including its dynamic patterns, industry landscape, and all significant aspects of the market. An in-depth examination of key players is also presented within the Carpets and Rugs market report.
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Growth Trajectory for Carpets and Rugs Market:
The Carpets and Rugs Market size was valued at USD 39.35 Billion in 2024 and the total Carpets and Rugs revenue is expected to grow at a CAGR of 4.7% from 2025 to 2032, reaching nearly USD 56.82 Billion.
Carpets and Rugs Market Scope and Research Methodology
The aim of this report is to assess and predict the size of the Carpets and Rugs market. It offers strategic profiles of significant market participants to provide an accurate depiction of the competitive landscape within the global Carpets and Rugs market. This includes a comprehensive analysis of recent developments such as new product launches, acquisitions, mergers, joint ventures, brand activities, and major players in the Carpets and Rugs industry. The report presents insights into industry trends, dynamics, and potentials, assisting professionals in staying informed about the latest trends and sector performance. This insight aids in predicting growth and decline in Carpets and Rugs market share over the forecast period.
In-depth understanding of the Carpets and Rugs industry was achieved through a combination of primary and secondary research methods. Various methodologies, including PESTLE, PORTER, and SWOT analysis, were employed to ensure accurate findings. SWOT analysis was employed to outline strengths, weaknesses, opportunities, and challenges for key players within the Carpets and Rugs industry. Additionally, the use of PORTER and PESTLE analysis allowed for an understanding of the microeconomic and macroeconomic factors influencing the Carpets and Rugs industry.
Carpets and Rugs Market Segmentation:
by Products Type
Woven
Tufted
Knotted
Needle-Punched
Flat-Weave
Hooked
Other
The carpets and rugs market is divided into several product categories, including woven, tufted, knotted, needle-punched, flat-weave, hooked, and others. Due to its low cost and ease of maintenance, the tufted segment led the market in 2024 with a share of more than 50%. Tufted rugs are ideal for giving your decor that extra bit of high-end flair.
by Application
Residential
Commercial
Automotive applications
The market is divided into residential, commercial, and other segments based on application. Due to the rising demand for home décor items, the residential category held a dominant market share of over 60% in 2024. It is utilised to improve thermal and acoustic insulation as well as a room's visual appeal. Carpets come in a range of hues and textures to match any type of interior design. Consequently, these variables promote sector growth in the global market. Nonetheless, the growing need for carpets and rugs in the hospitality and tourist sector is anticipated to propel the commercial segment's growth throughout the projection period.
by Material
Nylon
Wool
Silk
Polyester
Triexta
Acrylic
Polypropylene
Other
Wool, silk, cotton, jute, and other materials can be used to divide the market. In 2024, the wool segment held the biggest market share. Since wool may be used anywhere in a house, it is the most user-friendly material for handcrafted carpets. Its longevity, inherent insulating qualities, and visual attractiveness are the reasons behind the segment's growth. Over the projection period, the industry's growth will be aided by the rising demand for high-end and luxurious carpets and rugs.
by Distribution Channel
Offline
Online
The carpets and rugs market can be divided into online and offline segments based on the distribution channel. Because people prefer to touch and feel products before making a purchase, the offline category held the biggest market share in 2024. Because of the convenience that e-commerce platforms provide and their growing popularity, the online segment is anticipated to expand significantly over the course of the projection period.
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Carpets and Rugs Market Key Players:
1.Mohawk Industries, Inc.
2.Shaw Industries Group Inc.
3.Genie Carpet Manufacturers
4.Royalty Carpet Cleaning & Flooring
5. Inter IKEA Systems B.V.
6.Beaulieu International Group
7.Engineered Floors LLC
8.Milliken & Company
9. Lowe's
10. Taekett
11.Home Depot
12.Interface, Inc.
13. Dixie Group, Inc.
14.Orientals Weavers
15. Tai Ping
16. Victoria PLC
17.Saif Carpets Pvt. Ltd
18.Genie Carpet Manufactures
19. KarpetsbyRKS
20. Marwar Carpets International
Carpets and Rugs Market Regional Analysis:
The report is segmented into several key countries, with market size, growth rate, import and export of Carpets and Rugs market in these countries, which covering North America, U.S., Canada, Mexico, Europe, UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and Middle East and Africa.
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Key Questions answered in the Carpets and Rugs Market Report are:
- Which segment grabbed the largest share in the Carpets and Rugs market?
- Which segment is expected to grow at a high rate during the forecast period?
- How is the competitive scenario of the Carpets and Rugs market?
- Which are the key factors driving the Carpets and Rugs market growth?
- Which are the factors restraining the Carpets and Rugs market growth?
- Which region holds the maximum share in the Carpets and Rugs market?
- What will be the CAGR of the Carpets and Rugs market during the forecast period?
- Which are the prominent players in the Carpets and Rugs market?
Key Offerings:
- A detailed Analysis of the Market Overview
- Market Share, Size & Forecast by Revenue
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis by Route of administration, Application, Facility of use and Region and Region
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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